Steve Kaaru
Steve Kaaru
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Brazil securities watchdog orders Bybit exchange to cease operations

Brazil securities watchdog orders Bybit exchange to cease operations

Bybit has become the latest digital assets exchange booted out of the Brazilian market over its alleged unregistered securities offering. The country’s securities watchdog has ordered the Singaporean exchange to cease operations immediately or face a daily fine.Brazil’s Securities and Exchange Commission (CVM)  a declaratory act this week stating that Bybit doesn’t have the authority to act as a securities intermediary.CVM called for “the immediate suspension of the broadcasting of any public offer of securities intermediation services, directly or indirectly, including through the use...

Sep 9
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BSV now listed on Switchere digital currency exchange

BSV now listed on Switchere digital currency exchange

Exchanges have become the lifeblood of the digital currency sector, making access to Bitcoin easy and seamless for millions worldwide. For BSV, the listings keep coming, with the latest being on digital currency exchange .Based in Estonia, Switchere is a  and legally-compliant online exchange that offers a wide array of digital assets. It boasts a secure infrastructure system, fast execution, and high spending limits. It supports every other payment method for the traders’ convenience, including Visa, Mastercard, and credit cards, as well as ‘crypto-to-crypto’ exchange...

Sep 16
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Digital innovations will spur the Philippines’ economy, President Ferdinand Marcos Jr. says

Digital innovations will spur the Philippines’ economy, President Ferdinand Marcos Jr. says

The Philippines must leverage digital innovations, including blockchain technology, to spur its economy and stay competitive globally, says the country’s President Ferdinand Romualdez “Bongbong” Marcos Jr., better known as PBBM.Speaking during the inauguration of an Innovation Campus developed by , the president called on the country to take advantage of digital innovations to create new jobs, increase efficiency and boost the economy. With its GDP hitting $450 billion, the Philippines is currently the third largest in Southeast Asia.“To sustain growth and promote new advances in this...

Sep 14
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Do Kwon: South Korea issues arrest warrant for Terra founder

Do Kwon: South Korea issues arrest warrant for Terra founder

South Korean authorities have issued an arrest warrant for Terra founder Do Kwon, four months since the spectacular collapse of his $40 billion digital asset project.According to a local media , the warrant was issued by the Seoul Southern District Prosecutors’ Office. Bloomberg further  that the warrant is for Kwon and five others he worked with at Terraform Labs, the company behind the. They include fellow Terraform founder Nicholas Platias and Han Mo, an employee at the firm.The  Kwon is currently residing in Singapore. In an August interview, he claims to have...

Sep 15
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NYSE threatens BIT Mining with delisting for low share price

NYSE threatens BIT Mining with delisting for low share price

This year’s digital asset bear market has dealt a big blow to block reward miners, and one of them faces delisting from the New York Stock Exchange (NYSE). NYSE issued a notice to  (NYSE: BTCM) threatening it with delisting for trading below the applicable price criteria since June.BIT Mining  that it had received the NYSE letter on July 29, notifying it that it was not in compliance with the exchange’s applicable price criteria. This criteria threatens to delist any company whose share price has traded consistently below $1 for 30 trading days.The miner’s shares fell below $1 on...

Aug 25
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